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Ince partner quits after suspension for 'irregular financial behaviour'
Ince & Co's global energy and offshore head Andrew Iyer has resigned from the firm following a period of suspension for "irregular financial behaviour". Following Iyer's departure from the firm, first reported by RollOnFriday, Ince has appointed Je...
30 Jul 2010 | 14:00
Nokia Siemens appoints new general counsel with Hewlett-Packard hire
Nokia Siemens Networks has appointed in-house veteran Joyce Norcini as its new general counsel. Norcini joined the telecoms company earlier this week (2 August) from Hewlett-Packard (HP), where she was regional general counsel for Europe, Middle Ea...
30 Jul 2010 | 11:50
Herbert Smith, DLA lead on £5.8bn EDF sale to Hong Kong billionaire
Herbert Smith and DLA Piper have scored lead roles on EDF's £5.8bn sale of its UK electricity networks business to Cheung Kong Infrastructure (CKI), a company led by Hong Kong billionaire Li Ka-shing. DLA Piper advised CKI, which outbid a consorti...
30 Jul 2010 | 10:43
Latham, Skadden and Hogan Lovells advise on $3.5bn Qatar development finance deal
Latham & Watkins, Skadden Arps Meagher & Flom and Hogan Lovells have taken roles relating to Qatari Diar Finance's $3.5bn (£2.2bn) bond offering, as part of Qatar's plan to target international finance to fund domestic development. Latham represen...
29 Jul 2010 | 16:20
UK trio strike lucky with roles on €2bn online gaming merger
Freshfields Bruckhaus Deringer, Clifford Chance (CC) and Bird & Bird are advising on the €2bn (£1.7bn) merger of two major online gambling sites which is set to create the world's largest listed online gaming business. Freshfields is advising Pa...
29 Jul 2010 | 15:14
Bonus packages drop sharply for top US GCs but salaries are on the rise
Bonuses for US general counsel fell dramatically last year, leaving total cash compensation for the country's top-earning in-house lawyers down 54% on 2008, according to new research by Legal Week sister title Corporate Counsel. The title's 2010 GC...
29 Jul 2010 | 11:41
Eversheds corporate partner named new head of private equity
Eversheds has appointed a new head of private equity, with City corporate partner Richard Moulton taking over the role. Moulton replaces Mark Spinner, the firm's head of corporate, who led the private equity group for eight years. Spinner, who w...
29 Jul 2010 | 11:17
Nabarro targets start-ups with launch of new entrepreneurs group
Nabarro has rolled out a new entrepreneurs group within its corporate practice, with the aim of targeting more start-up companies. The firm will offer fixed fees and start-up packs to growing companies, advising them on a range of topics including ...
29 Jul 2010 | 10:47
Latham set for Middle East boost with hire of Al Tamimi's Qatar head
Latham & Watkins is on course to boost its Middle East practice after signing up the Qatar head of leading regional law firm Al Tamimi & Co. Corporate commercial partner Ahmad Anani is expected to join the US-based law firm later this year as a par...
29 Jul 2010 | 10:09
International firms in Brazil under scrutiny as local Bar queries alliance business practices
The Brazilian Bar Association has asked international firms with associations in Brazil to supply information about their businesses amid concerns they are not complying with local Bar rules. Following several hires made by the associated firms of ...
29 Jul 2010 | 09:54
FSA calls for law firm secondees as City shake-up moves forward
The Financial Services Authority (FSA) is aiming to attract more secondees from law firms to assist in its dismantling following last month's announcement that the UK's system of financial regulation is to be overhauled. The secondees will assist t...
29 Jul 2010 | 09:50 | 1 comment
Links and CC win roles on £5bn GDF deal as M&A activity bursts into life
Linklaters and Clifford Chance (CC) have lined up to advise on the £5bn reverse takeover of International Power by French utility business GDF Suez as the M&A market last week burst into life. CC is acting for longstanding client International Pow...
29 Jul 2010 | 00:51
Updated: RBS may write off £15m as Halliwells sell-off generates £7m
The Royal Bank of Scotland (RBS) is set to write off up to £15m in the wake of the break-up and sale of Halliwells, it has emerged. RBS, which was owed substantial sums in corporate debt and partner loans from Halliwells, recovered just over £7m ...
29 Jul 2010 | 00:48 | 9 comments
CC senior partner suitors emerge as race to replace Popham begins
Clifford Chance (CC) has launched the process to replace senior partner Stuart Popham as his second and final term in the role draws to a close. The magic circle law firm has kickstarted the search for Popham's replacement when he stands down at th...
29 Jul 2010 | 00:45 | 2 comments
RenCap reviews panel after Cleary hire in bid to expand outside counsel ranks
Russian investment bank Renaissance Capital (RenCap) has kicked off a review of its advisers, aiming to double its panel to 12 law firms. The bank has asked around two dozen law firms to pitch for the review, which comes less than a year after the ...
29 Jul 2010 | 00:01
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